Elevate names Leopold Rise GM

Marketplace lender Elevate has named Tony Leopold the general manager of its flagship product Rise. He is charged with customer acquisition, channel strategy, pricing, credit and market expansion.

Mr. Leopold has close to two decades of business experience, most recently with United Rentals, where he served as vice president of strategy and business development. He started his career and Bain and Company.

“We are thrilled to bring on someone of Tony’s caliber to lead Elevate’s flagship product,” Elevate CEO Ken Rees said. “Now, more than ever, we are focused on meeting the financial needs of our customers with the most responsible credit options available. As the company continues to grow, we are able to attract top talent, like Tony, with the right experience to lead the Rise team and help guide our efforts to bring customers lower rates through product innovation.”

Elevate has originated more than $4 billion in nonprime credit to more than 1.6 million consumers since its inception.